Credit Unions

Credit Unions
Velera Announces New Members of Board’s Executive Committee
May 27, 2025

Credit union service organization (CUSO) Velera appointed five continuing board members to its executive committee that helps guide the CUSO’s direction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Credit Unions
Credit Unions Outpace Digital Banks in Top-of-Wallet Conversion Battle
May 23, 2025

The battle for the small and medium-sized business (SMB) share of wallet is heating up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Credit Unions
Big Moves by Small Credit Unions Reshape Member Innovation Landscape
May 21, 2025

Financial innovation is often seen as the domain of billion-dollar institutions, but the latest data reveals a surprising shakeup: The smallest credit unions are catching up — and in some areas, even outpacing — their larger counterparts. It turns out that small does not mean...

Credit Unions
New Data Shows Smaller Players Come Up Big as Credit Unions Unleash Innovation
May 20, 2025

Credit unions tend to evoke images of simple, brick-and-mortar institutions, where friendly employees who know you by name make up for the lack of financial bells and whistles at big banks. That almost quaint perception is rapidly becoming outdated. Get the Full Story Complete the...

Credit Unions
House Ways and Means Committee Preserves Credit Union Tax Exemption
May 14, 2025

The federal credit union tax exemption was preserved during the markup of a tax reconciliation bill in the House Ways and Means Committee. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Credit Unions
New Data Shows Long-Term Shift Toward FinTech-Credit Union Partnerships
May 01, 2025

Understanding the evolving dynamics of this relationship is paramount for credit union executives and FinTech entrepreneurs alike. While the share of FinTechs selling consumer-facing and back-end digital banking technologies to CUs has remained stable for the past four years, recent PYMNTS Intelligence data reveals stark...

Credit Unions
FinTechs and Credit Unions Increasingly Play Nice With Each Other
April 30, 2025

If you can’t beat ‘em, join ‘em. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...

Credit Unions
Velera to Provide Card Processing Support to Vermont-Based 802 Credit Union
April 29, 2025

Vermont-based 802 Credit Union (802CU) has selected credit union service organization (CUSO) Velera to provide debit and credit card processing support. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Credit Unions
Update: Credit Unions Challenge the Challenger Banks for Gen Z Wallet Share
April 29, 2025

The last decade has seen a dizzying acceleration in digital banking innovation. From slick mobile-first challenger banks to the sprawling networks of national giants, competition for consumer attention (and wallet share) has never been fiercer. Get the Full Story Complete the form to unlock this...